The Register of Members' Financial Interests: Part 1
As at 14th July 2014

WALLACE, Ben (Wyre and Preston North)

2. Remunerated employment, office, profession etc

From 18 February 2013 to 28 February 2014, assistance with public affairs advice provided to Xcite Energy Resources Ltd (a North Sea oil exploration company), 1 Farnham Road, Guildford, GU2 4RG. The agreed remuneration was £30,000 a year and the expected time commitment was 15 hours a month. (£25,001 to £30,000). (Updated 2 March 2014)

Received £2,500 for attending meetings and advising on business opportunities. Hours: 15 hrs. (July 2013) (Registered 19 August 2013)

Received £2,500 for attending meetings and advising on business opportunities. Hours: 15 hrs. (August 2013) (Registered 19 August 2013)

Received £2,500 for attending meetings and advising on business opportunities. Hours: 15 hrs. (September 2013)(Registered 2 September 2013)

Received £2,500 for attending meetings and advising on business opportunities. Hours: 15 hrs. (October 2013)(Registered 30 October 2013)

Received £2,500 for attending meetings and advising on business opportunities. Hours: 15 hrs. (January 2014)(Registered 2 March 2014)

Received £2,500 for attending meetings and advising on business opportunities. Hours: 15 hrs. (February 2014)(Registered 2 March 2014)

6. Overseas visits

Name of donor: (1) Ardeshir Nagashineh, Chairman of Targetfollow PLC; (2) the Majlis, the Parliament of the Islamic Republic of Iran (Iran-United Kingdom Parliamentary Friendship Group)

Amount of donation (or estimate of the probable value): (1) £373.84 being the balance of the return flights from London to Tehran (via Frankfurt), Business Class, 6 and 10 January 2014. Total cost £1,623.84 – the remainder being met by a non-registrable source. (2) 4 nights hotel accommodation in Tehran at estimated cost of £392.84, plus meals and transport for 4 days at estimated cost of £300.

Destination of visit: Tehran, Iran

Date of visit: 6-10 January 2014

Purpose of visit: visit by the All Party Parliamentary Group on Iran at the invitation of the Iran-UK Parliamentary Friendship Group of the Iranian Parliament.

(Registered 26 February 2014)

8. Land and Property

Flat in south west London, from which rental income is received.

11. Miscellaneous

Member of Public Policy Committee of the RAC Foundation, 89-91 Pall Mall, London SW1Y 5HS; unremunerated. (Registered 12 June 2013)